XMax (XMAX) FCF Margin (2010 - 2026)
XMax (XMAX) recorded FCF Margin of -133.28% in Q2 2026, down 136.90 percentage points from 3.62% a year earlier and down 97.26 percentage points from the prior quarter.
XMax (XMAX) FCF Margin (2010 - 2026) Analysis & Trends
On a TTM basis, XMax's FCF Margin came in at -28.07% as of Jun 30, 2026, down 18.58 percentage points year-over-year; for FY2025, it was -2.67%, up 11.85 percentage points from FY2024.
- Annual FCF Margin has a five-year change of +18.83 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at -14.51% in FY2024 (-0.26 pp), -14.25% in FY2023 (+28.89 pp), -43.14% in FY2022 (-3.33 pp) and -39.81% in FY2021 (-18.31 pp).
- The Q2 2026 figure is the lowest quarterly FCF Margin since Q4 2023.
- On a year-over-year basis, FCF Margin rose in three of the last eight quarters, with an average year-over-year change of +8.27 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 123.19 percentage points in Q4 2024, against a drop of 136.90 percentage points in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at -36.02% (Q1 2026), 95.58% (Q4 2025) and -19.54% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 25.37 Bn | 23.04 Bn | 860.34 Mn | 21.67% |
| 2 | Somnigroup International | 13.07 Bn | 12.62 Bn | 817.20 Mn | 9.96% |
| 3 | Hni | 3.27 Bn | 2.84 Bn | 647.20 Mn | 9.49% |
| 4 | Newell Brands | 2.25 Bn | 1.41 Bn | 812.00 Mn | -0.90% |
| 5 | Sonos | 2.12 Bn | 1.02 Bn | 189.31 Mn | 10.74% |
| 6 | Whirlpool | 1.99 Bn | -1.49 Bn | 442.00 Mn | -6.08% |
| 7 | Corsair Gaming | 1.46 Bn | 1.00 Bn | 104.29 Mn | 22.93% |
| 8 | Millerknoll | 1.35 Bn | 714.71 Mn | 385.30 Mn | 1.80% |
| 9 | Arhaus | 1.34 Bn | 420.59 Mn | 172.07 Mn | 12.54% |
| 10 | XMax | 553.09 Mn | 500.13 Mn | 1.09 Mn | -133.28% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -133.28% |
| Mar 31, 2026 | -36.02% |
| Dec 31, 2025 | 95.58% |
| Sep 30, 2025 | -19.54% |
| Jun 30, 2025 | 3.62% |
| Mar 31, 2025 | -12.24% |
| Dec 31, 2024 | -13.13% |
| Sep 30, 2024 | -16.74% |
| Jun 30, 2024 | -17.43% |
| Mar 31, 2024 | -9.33% |
| Dec 31, 2023 | -136.32% |
| Sep 30, 2023 | 3.65% |
| Jun 30, 2023 | 48.45% |
| Mar 31, 2023 | -39.07% |
| Dec 31, 2022 | -85.21% |
| Sep 30, 2022 | -70.82% |
| Jun 30, 2022 | -12.16% |
| Mar 31, 2022 | -26.73% |
| Dec 31, 2021 | -62.13% |
| Sep 30, 2021 | -52.00% |
XMax FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=XMAX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "XMAX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=XMAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();